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LADR vs RITM: Correlation

How closely do Ladder Capital Corp (LADR) and Rithm Capital Corp. (RITM) trade together? Their weekly returns over three years give a correlation of 0.66, which is strong.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.66
strong
Correlation (1Y)
0.39
last 12 months
Correlation (5Y)
0.75
long-run
Ann. covariance
262.6
%² · weekly, annualized

How correlated are LADR and RITM?

Over the past 3 years, LADR and RITM moved with a correlation of 0.66, which is strong. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.66). Over 5 years the correlation is 0.75, and the annualized covariance of weekly returns is 262.6 %².

By 3-year correlation, RITM places #5 of the 18 assets tracked against LADR. Twelve-month performance is nearly a tie, at -6.7% for LADR and -10.6% for RITM.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

LADR vs RITM: side by side

LADR (Ladder Capital Corp)RITM (Rithm Capital Corp.)
1-year return-6.7%-10.6%
5-year return+32.1%+53.6%
Volatility (ann.)19.1%20.9%
Beta vs S&P 5000.500.67
Max drawdown (3Y)-15.3%-27.3%
Market cap$1.2B$5.6B
P/E (trailing)23.416.7
Dividend yield9.33%9.92%
Sector / categoryUS ListedUS Listed
Lower P/E: RITM 16.7 vs 23.4Higher yield: RITM 9.92% vs 9.33%Smaller drawdown: LADR -15.3% vs -27.3%Higher 5y return: RITM +53.6% vs +32.1%
-27%0%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. LADR · RITM

Year-by-year returns

YearLADRRITM
2022-9.0%-14.4%
2023+25.2%+45.6%
2024+5.5%+11.1%
2025+6.7%+10.1%
2026-6.3%-3.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are LADR and RITM good diversifiers for each other?

To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between LADR and RITM?

The LADR/RITM correlation stands at 0.66 on a 3-year window (1 year: 0.39, 5 years: 0.75), computed from weekly returns as of 2026-08-27.

Is RITM a good diversifier for LADR?

To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.66 mean?

A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ladr-vs-ritm.json

LADR vs RITM: 3-year weekly correlation 0.66LADR vs RITM0.66

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Hubs: LADR correlations · RITM correlations